HqO snaps up workplace insights leader Leesman
The deal gives HqO and its customers access to the world’s largest database of employee experience data.
Leesman captures employee sentiments and benchmarks these against responses from nearly 1 million office workers and 300,000 home-based workers.
Workplace experience app HqO will use the data to boost the tools and services available to customers.
Users will have access to some of the most highly regarded insights into employees’ likes and dislikes, helping them understand what they need to offer and how to stay ahead of evolving trends.
PlaceTech understands the deal was in the region of £5m-£10m.
- Click here for more on workplace trends from Leesman’s hybrid working survey.
Chase Garbarino, CEO of HqO, said: “The Leesman Index has been transforming how organisations benchmark their workplace experience for more than a decade, helping some of the biggest brands in the world improve their employee experience through their rich dataset and proprietary methodologies.
“We’re thrilled to bring this excellence to our customers and look forward to offering them even more tools and services, along with the world’s biggest dataset for better, data-driven decision making in improving their workplace experience.”
The deal came out of a serendipitous “coffee catch up” at a conference with HqO, Leesman founder and CEO revealed in a LinkedIn comment.
Acquiring Leesman is the second major expansion for Boston-based HqO in the last year, having bought European tenant and employee engagement app OfficeApp in October. That acquisition gave the company a strong foothold into corporate workspace clients.
HqO’s customers now include J.P. Morgan, Dell, JLL, Jamestown, Grosvenor and Gecina.
Meanwhile, Oldman hailed the deal as a “huge step” for the company.
He said: “Becoming part of the HqO family will dramatically accelerate our ability to support the world’s best organisations on their data-driven workplace experience strategies.
“Together we can offer an unparalleled depth of insight into exactly how place impacts the people who work there, be that the home, the office or the myriad of places in between.”